TD Cowen Boosts Forgent Power Solutions (NYSE:FPS) Price Target to $76.00

Forgent Power Solutions (NYSE:FPS) had its target price raised by stock analysts at TD Cowen from $73.00 to $76.00 in a report issued on Wednesday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. TD Cowen’s price objective would suggest a potential upside of 141.63% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Weiss Ratings cut shares of Forgent Power Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, July 28th. Jefferies Financial Group boosted their target price on Forgent Power Solutions from $44.00 to $56.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Robert W. Baird initiated coverage on Forgent Power Solutions in a research report on Wednesday, July 15th. They issued an “outperform” rating and a $55.00 price objective for the company. Zacks Research downgraded shares of Forgent Power Solutions from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 8th. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $60.00 target price on shares of Forgent Power Solutions in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $57.00.

Forgent Power Solutions Stock Performance

FPS opened at $31.45 on Wednesday. The stock’s 50 day simple moving average is $35.63 and its 200-day simple moving average is $40.19. The company has a current ratio of 1.64, a quick ratio of 1.16 and a debt-to-equity ratio of 0.99. The stock has a market cap of $9.58 billion and a PE ratio of 209.69. Forgent Power Solutions has a 1 year low of $25.95 and a 1 year high of $66.00.

Forgent Power Solutions (NYSE:FPS) last announced its quarterly earnings results on Tuesday, September 15th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.01. The firm had revenue of $461.67 million for the quarter. Forgent Power Solutions had a net margin of 2.17% and a return on equity of 12.14%. Forgent Power Solutions’s revenue was up 94.3% on a year-over-year basis. Forgent Power Solutions has set its FY 2027 guidance at 1.260-1.400 EPS. Sell-side analysts forecast that Forgent Power Solutions will post 0.62 EPS for the current year.

Hedge Funds Weigh In On Forgent Power Solutions

Several institutional investors have recently modified their holdings of the business. Value Aligned Research Advisors LLC acquired a new position in shares of Forgent Power Solutions in the 2nd quarter valued at approximately $176,441,000. Spyglass Capital Management LLC bought a new position in Forgent Power Solutions in the second quarter valued at approximately $39,401,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Forgent Power Solutions in the second quarter valued at approximately $23,123,000. Bank of New York Mellon Corp boosted its holdings in shares of Forgent Power Solutions by 813.0% in the second quarter. Bank of New York Mellon Corp now owns 326,317 shares of the company’s stock valued at $18,228,000 after buying an additional 290,577 shares during the period. Finally, Squarepoint Ops LLC bought a new stake in shares of Forgent Power Solutions during the second quarter worth $13,440,000.

Forgent Power Solutions News Summary

Here are the key news stories impacting Forgent Power Solutions this week:

• Positive Sentiment: Strong quarterly performance: Fiscal fourth-quarter revenue rose 94% year over year to approximately $462 million, while adjusted EPS of $0.25 exceeded the $0.24 consensus estimate. The company said it exceeded the high end of its prior guidance. Forgent Reports Record Fourth Quarter and Full Year 2026 Results
• Positive Sentiment: Above-consensus fiscal 2027 outlook: Management projects EPS of $1.26–$1.40, versus the $1.14 analyst consensus, and revenue of $2.4–$2.6 billion, compared with expectations of approximately $2.1 billion. The outlook implies roughly 76% revenue growth at the midpoint. Forgent Power Solutions Stock Rises After Issuing 2027 Guidance
• Positive Sentiment: Record demand visibility: Forgent entered fiscal 2027 with an all-time-high backlog reportedly near $3 billion and record orders. This supports the view that data-center and broader grid-infrastructure demand remains strong despite concerns about a potential slowdown in artificial-intelligence spending. Why This Energy Stock Is Showing Data Center Demand Is Hot
• Positive Sentiment: Bullish options activity: Traders purchased 21,324 call options, about 286% above average daily call volume, while additional reports cited heavy call buying. This suggests increased speculative and directional interest in FPS. Stock Traders Purchase Large Volume of Forgent Power Solutions Call Options
• Neutral Sentiment: Near-term execution remains important: First-quarter fiscal 2027 revenue guidance of $445 million–$465 million is broadly aligned with the $456.7 million consensus estimate, indicating that the larger bullish thesis depends on sustained execution through the remainder of the year.
• Negative Sentiment: Valuation and profitability risks: FPS trades at a very high reported price-to-earnings ratio, while its latest net margin was only 2.17%. Any disappointment against the aggressive growth outlook could lead to heightened volatility.

Forgent Power Solutions Company Profile

Forgent Power Solutions, Inc develops and manufactures products used in electric power transmission and distribution infrastructure. Its offerings support the generation, transmission, distribution and management of electrical power for utility and industrial applications.

The company’s product portfolio includes equipment and components used in overhead and underground power networks, including electrical connectors, fittings, line hardware and other engineered solutions designed to support the reliability and efficiency of power-delivery systems.

Forgent Power Solutions serves electric utilities, distributors and industrial customers, primarily through markets connected to North American power infrastructure.